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Saudi consumer spending hits 13.37B riyals
Consumer spending at points of sale in Saudi Arabia increased by 3.5% to reach 13.37 billion SAR during the period from September 20 to 26, 2023, compared to 12.92 billion SAR in the previous week. This period recorded 243.59 million transactions, representing a 1% increase. The sectors with the highest expenditure included Food and Beverages with 2.11 billion SAR, Restaurants and Cafes with 1.76 billion SAR, Apparel and Accessories with 1.18 billion SAR, Gas Stations with 990 million SAR, and Transportation with 950 million SAR. Riyadh led the spending, amounting to 4.69 billion SAR with a slight increase of 0.5%, followed by Jeddah with 1.85 billion SAR and a growth of 4.3%.
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